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Although nutrition contributes to welfare in and of itself, it also contributes to individual economic productivity, as … well as national income growth. The argument that improving nutrition is an investment on par with other productivity …
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Using a novel dataset with over 100,000 actual payout decisions, we investigate the nature of the strong negative relationship between recent stock returns and the annuitization of retirement savings. After controlling for several standard explanations (e.g., wealth effects), we present evidence...
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